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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Voltaire who wrote (7093)10/10/2000 9:25:54 PM
From: Voltaire  Read Replies (1) | Respond to of 65232
 
Lim,

another point. It is for exactly the reason you mention that the Houses will bring it back.

You know who would not be in this market - MOST OF OUR PARENTS. The Houses learned this lesson. I have said it many times - THE WIVES run the retail investor and if it looks as if the HUSBAND is about to lose their stash, especially if it is the second time etc. SHE WILL TELL HIM TO GET HIS ASS OUT!

The Houses do not want to see this happen and that is why they do not want prolonged RETAIL INVESTOR PANIC. There would be no one around for them to sell their inventories to.

V



To: Voltaire who wrote (7093)10/10/2000 9:28:47 PM
From: Dalin  Read Replies (1) | Respond to of 65232
 
Hi Volts,

I am telling you it is a simple matter of their MM's raising or lowering the ask.

Even Bob Pissani(CNBC) talked about this awhile back. Companies ask houses how much it will cost to raise their stock price to a certain level. Very easy for them to do, and lots of reasons to do it.

I agree....tomorrow should do it. The sentiment on all the threads is doom and gloom. The bears are slappin each other on the backs BIG TIME! Good sign to me!

Regards,

:0)

D.